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    Home > Headlines > US to release Russian Alexander Vinnik as part of exchange that freed Fogel - New York Times
    Headlines

    US to release Russian Alexander Vinnik as part of exchange that freed Fogel - New York Times

    US to release Russian Alexander Vinnik as part of exchange that freed Fogel - New York Times

    Published by Global Banking and Finance Review

    Posted on February 12, 2025

    Featured image for article about Headlines

    (Reuters) - The United States will release Russian Alexander Vinnik, a suspected cybercrime kingpin, as part of an exchange with Russia that freed Marc Fogel, the New York Times reported on Wednesday.

    Vinnik operated BTC-e, once one of the world's largest cryptocurrency exchanges. He was arrested in 2017 and detained at Washington's request on suspicion of laundering $4 billion through the exchange. In May, he pleaded guilty to conspiracy to commit money laundering and faced 20 years in prison.

    (Reporting by Brendan O'Brien in Chicago; Editing by Doina Chiacu)

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